Spiller Corporation plans to issue $12\%,9-$year, $$530,000$ par value bonds payable that pay interest semiannually on June $30$ and

December $31.$ The bonds are dated January $1$ of the current year and are issued on that date. $($PV of $$1,FV$ of $$1,$PVA of $$1,$ and FVA of

$$1)$

Note: Use appropriate factor$($s$)$ from the tables provided. Round your "Table value" to $4$ decimal places and final answers to

nearest whole dollar.

If the market rate of interest for the bonds is $10\%$ on the date of issue, what will be the total cash proceeds from the bond issue?